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Rehab of older county properties in jeopardy

Some of the numbers behind El Paso County government’s $25 million relocation into the old Intel site are changing — climbing by up to $4 million. El Paso County commissioners learned in June that millions of dollars in unanticipated utilities infrastructure costs would complicate their otherwise solid contract to buy multiple buildings and a parking… Continue Reading Rehab of older county properties in jeopardy

The Colorado Springs Technology Incubator has been helping start-ups hatch their business ideas for nearly a decade, but now believes it’s time to change the way it does business. It’s planning to move to a new location and adopting a new payment model — all with the intention of serving a wider range of budding… Continue Reading Tech incubator cooking up new approach to business

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Intel building under purchase contract

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The 1.4 million-square-foot Intel facility at 1500 Garden of the Gods Road is under contract to be purchased. Following a due diligence site visit last month, Industrial Realty Group of Los Angeles submitted its proposal to Intel, and a September closing is anticipated, said Grubb & Ellis Quantum Commercial Group broker Michael Palmer, marketing representative… Continue Reading Intel building under purchase contract

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